common-close-0
BYDFi
Trade wherever you are!

What are the best cryptocurrency ETFs to buy and hold?

avatarjuanDec 28, 2021 · 3 years ago3 answers

I'm looking to invest in cryptocurrency ETFs and hold them for the long term. Can you recommend some of the best cryptocurrency ETFs that I should consider buying?

What are the best cryptocurrency ETFs to buy and hold?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    Sure! When it comes to cryptocurrency ETFs, there are a few options that you can consider. One popular choice is the Grayscale Bitcoin Trust (GBTC), which allows you to gain exposure to Bitcoin without directly owning it. Another option is the Bitwise 10 Crypto Index Fund (BITW), which provides diversified exposure to the top cryptocurrencies. Additionally, the Purpose Bitcoin ETF (BTCC) is another popular choice for investors looking to gain exposure to Bitcoin. Remember to do your own research and consider factors such as fees, performance, and the underlying assets before making any investment decisions.
  • avatarDec 28, 2021 · 3 years ago
    Hey there! If you're looking to invest in cryptocurrency ETFs for the long term, you might want to check out the VanEck Vectors Digital Transformation ETF (DAPP). This ETF focuses on companies that are involved in digital transformation, including those related to blockchain technology and cryptocurrencies. Another option is the Amplify Transformational Data Sharing ETF (BLOK), which invests in companies involved in blockchain technology. These ETFs provide exposure to the cryptocurrency industry through a diversified portfolio of stocks. Remember to consult with a financial advisor before making any investment decisions!
  • avatarDec 28, 2021 · 3 years ago
    BYDFi here! While I can't provide specific investment advice, I can tell you that there are several cryptocurrency ETFs available in the market. Some popular choices include the Grayscale Ethereum Trust (ETHE) and the Bitwise Crypto Innovators ETF (BITQ). These ETFs offer exposure to Ethereum and innovative companies in the cryptocurrency space, respectively. However, it's important to note that investing in cryptocurrency ETFs carries risks, and it's crucial to do your own research and consider your investment goals before making any decisions. Happy investing!